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Digital Health | News, Analysis, Insights - HIT Consultant

Is Leadership Bias Holding Back Virtual Healthcare Adoption?

by Andy Flanagan, CEO at Iris Telehealth 10/25/2024 Leave a Comment

Andy Flanagan, CEO at Iris Telehealth

Virtual healthcare has experienced a remarkable surge in recent years, with over 116 million users worldwide engaging in online doctor consultations in 2024 — a dramatic leap from just 57 million in 2019. This exponential growth underlines the increasing accessibility and potential of telehealth solutions, particularly in behavioral health. Unlike many other fields of medicine, behavioral health care often doesn't require physical examinations or tests, making it particularly well-suited for
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Gradient Health Acquires DataAppraisal to Expand Medical AI

by Fred Pennic 10/25/2024 Leave a Comment

Gradient Health Acquires DataAppraisal to Expand Medical AI

What You Should Know:  - Gradient Health, a leading provider of medical imaging data for AI development, has acquired DataAppraisal, a healthcare AI company specializing in unlocking the value of anonymized data from health systems worldwide.  - The strategic acquisition will significantly expand Gradient Health's ability to provide medical AI developers with access to a vast and diverse collection of de-identified medical imaging studies, including datasets from underserved
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Authenticx Launches Ava, an AI-Powered Assistant for Healthcare Insights

by Syed Hamza Sohail 10/25/2024 Leave a Comment

Authenticx Launches Ava, an AI-Powered Assistant for Healthcare Insights

What You Should Know: - Authenticx, a top conversation intelligence platform for healthcare organizations, today announced the launch of Ava, an AI-powered in-app assistant that helps users quickly answer their most pressing business questions while serving up meaningful insights from their own data. - The AI assistant can analyze call transcripts, interpret correlations between AI models, provide coaching feedback on agent performance, and recommend strategic actions to take based on
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General Catalyst Raises $8B w/ $750M for Health Assurance Fund

by Fred Pennic 10/24/2024 Leave a Comment

General Catalyst Raises $8B w/ $750M for Health Assurance Fund

What You Should Know:  - General Catalyst (GC), a global venture capital firm, has announced a significant milestone with the raise of $8B in new capital consisting of $6B for GC’s latest fund - Fund XII - and $2B in separately managed accounts).. - The substantial investment will accelerate GC's mission to advance health assurance and drive transformative innovations across various sectors, including AI, healthcare, and global resilience. $750M Allocated to Health Assurance
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Abbott Launches Clinical Trial to Optimize Heart Failure Treatment with AI-Powered Monitoring

by Jasmine Pennic 10/24/2024 Leave a Comment

Abbott Pioneers New Clinical Trial to Optimize Heart Failure Treatment with AI-Powered Monitoring

What You Should Know:  - Abbott, a global healthcare leader, has announced a new clinical trial, TEAM-HF,  designed to improve outcomes for patients with worsening heart failure.  - The first-of-its-kind trial will leverage AI and Abbott's CardioMEMS™ HF System to identify patients who may benefit from earlier intervention with advanced therapies, such as a HeartMate 3™ left ventricular assist device (LVAD). Addressing the Challenges of Advanced Heart Failure Heart
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Dyania Health Secures $10M for AI-Powered Chart Review

by Syed Hamza Sohail 10/24/2024 Leave a Comment

Dyania Health Secures $10M for AI-Powered Chart Review

What You Should Know: -  Dyania Health, an AI-powered healthcare data company, today announced the close of its $10 million Series A funding round led by HealthX Ventures with Tech Square Ventures and Cleveland Clinic Ventures, along with significant participation from existing investors. -    Dyania’s Series A is driven by the growing demand for innovative solutions that address inefficiencies in healthcare data management and clinical research, positioning Dyania Health as a leader in
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Counsel Health Launches with $11M to Deliver Physician-Led, AI-Powered Medical Advice

by Syed Hamza Sohail 10/24/2024 Leave a Comment

Counsel Health Launches with $11M to Deliver Physician-Led, AI-Powered Medical Advice

What You Should Know: - Counsel Health announces $11M in Seed funding led by Andreessen Horowitz (a16z) Bio + Health, with participation from Asymmetric Capital Partners, Floodgate Fund and Pear VC. - The funding will support Counsel's national expansion and coverage extension to millions more members. Counsel: Revolutionizing Access to Healthcare Through Asynchronous Medicine The U.S. healthcare system faces a significant access-to-care crisis, with 60 million Americans experiencing
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Philips, Medtronic Neurovascular Partner to Advocate for Improved Stroke Care

by Fred Pennic 10/24/2024 Leave a Comment

Philips, Medtronic Neurovascular Partner to Advocate for Improved Stroke Care

What You Should Know:  - Philips and Medtronic Neurovascular, an innovator in neurovascular therapies, have announced a strategic partnership to advocate for improved stroke care worldwide.  - Recognizing the critical need for timely diagnosis and treatment of stroke, the two companies are joining forces to raise awareness, improve access to care, and leverage technology to enhance stroke outcomes. The Global Burden of Stroke Stroke is a leading cause of disability and
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mPATH Health Secures $3M to Enhance Cancer Screening and Equity

by Syed Hamza Sohail 10/24/2024 Leave a Comment

mPATH Health Secures $3M to Enhance Cancer Screening and Health Equity

What You Should Know: - mPATH® Health, a digital health company dedicated to improving cancer screening, is thrilled to announce the successful closure of $3 million in funding, which will accelerate the company's mission to enhance cancer prevention and improve health equity. - This funding includes a $2 million Small Business Technology Grant from the National Cancer Institute (NCI) and a $1 million equity investment led by Oncology Ventures, an oncology-focused venture capital
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Report: The State of AI During the Great Burnout in Healthcare

by Fred Pennic 10/23/2024 Leave a Comment

Report: The State of AI During the Great Burnout in Healthcare

What You Should Know:  - Innovaccer Inc., a healthcare AI company, has released a new research report, "The State of AI During the Great Burnout in Healthcare," shedding light on the increasing role of AI in addressing the challenges faced by healthcare professionals.  - The report, based on a survey of 568 healthcare professionals, reveals that AI is being embraced as a crucial tool for reducing administrative burden, improving operational efficiency, and mitigating clinician
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PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

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